At Any Rate

We discuss recent developments around the CNY, GBP, SEK and the dollar. Speakers Meera Chandan, Global FX Strategy Tiffany Wang, Emerging Markets Strategy Patrick Locke, Global FX Strategy Octavia Popescu Global FX Strategy Kunj Padh, Global FX Strategy This podcast was recorded on 27 February 2026. This communication is provided for information purposes only. Institutional clients can view the re...

In this podcast Francis Diamond and Aditya Chordia discuss the topic of Eurobonds as well as UK rate markets following the recent by-election and ahead of the spring statement.   This podcast was recorded on 27 February 2026. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-5220641-0 for mor...

Metals and oil dominated the market narrative in the last few weeks. Natural gas, however, has also been dynamic, having gone through its own period of volatility at the end of January due to cold sprees in the US and Europe. In this episode, we discuss the European gas market, our updated price forecast and the range of new infrastructure projects that are coming online.   Speakers:  Natasha Kane...

Jonny Goulden, Anezka Christovova and Ben Ramsey discuss the latest market developments and their impacts for the EM fixed income asset class. This podcast was recorded on 25 February 2026. © 2026 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use...

Arindam Sandilya, Junya Tanase, James Nelligan and Patrick Locke stress test the cyclically constructive, dollar bearish baseline narrative in light of ongoing volatility in US equities, industrial commodities and geopolitical ructions.   This podcast was recorded on 20 February 2026. This communication is provided for information purposes only. Institutional clients can view the related report at...

Last week we visited the International Energy Week in London and found the market to be rather optimistic, making a bullish case for oil. Respectfully, we disagree. We reiterate our views on resilient Russian supply, discuss the limited Iran risk and point to the accumulation of inventories across the globe.    Speaker:  Natasha Kaneva, Head of Global Commodities Research   This podcast was record...

Sharp selloffs in metals and elevated oil prices beg the question - is commodity volatility a harbinger of things to come, or merely a correction? While commodities remain supported by reflated growth and expansionary fiscal policy, other effects are also taking place. In this episode, we reiterate our view on metals and discuss the current sentiment in oil markets to help you understand what come...

Arindam Sandilya, James Nelligan and Patrick Locke discuss the FX outlook against the backdrop of US equity stress and underperformance of US stocks relative to the rest of the world. This podcast was recorded on 13 February 2026. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-5201480-0 fo...

In this podcast Francis Diamond and Frida Infante discuss the outlook for Sweden and Norway rate markets.   This podcast was recorded on 13 February 2026. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-5204805-0 for more information; please visit www.jpmm.com/research/disclosures for impor...

Jonny Goulden, Anezka Christovova and Ben Ramsey discuss the latest market developments and their impacts for the EM fixed income asset class.   This podcast was recorded on 13 February 2026. This communication is provided for information purposes only. please visit www.jpmm.com/research/disclosures for important disclosures. © 2026 JPMorgan Chase & Co. All rights reserved. This material or an...

In this podcast Khagendra Gupta and Ipek Ozil discuss the drivers of US and Eurex futures roll and their outlook for Mar26/Jun26 bond futures rollover.   Speakers:  Ipek Ozil - Head of US Interest Rate Derivatives Strategy Khagendra Gupta - Head of European Interest Rate Derivatives Strategy   This podcast was recorded on February 13, 2026. This communication is provided for information purposes o...

The FX team discusses a variety of topics: the euro bloc/ APAC FX rotation, RBA hawkish pivot, scenarios around upcoming JP elections, the dovish BoE surprise and recent US data.   This podcast was recorded on 06 February 2026. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-5195273-0 for m...

Metal mania returns. In this episode, Natasha Kaneva is joined by Greg Shearer, the Head of Base and Precious Metals at JPMorgan. We decompose the recent volatility by discussing retail investors, fundamental differences between gold and silver, as well as the role of these metals in portfolios.   Speakers: Natasha Kaneva, Head of Global Commodities Research Greg Shearer, Head of Base & Precio...

In this podcast Francis Diamond, Aditya Chordia and Khagendra Gupta discuss the ECB and BoE monetary policy meetings and implications for rate markets as well as the political noise this week in the UK.   This podcast was recorded on 06 February 2026. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/con...

US Rates Strategists Teresa Ho and Molly Herckis discuss the latest developments in the digital cash space. Updates include a stall in Congress passing the crypto market structure bill, working to define stablecoins from a balance sheet perspective, and new tokenized products from leading financial institutions.   Speakers:  Teresa Ho, Head of US Short Duration Strategy Molly Herckis, US Short Dur...

Jonny Goulden, Anezka Christovova and Ben Ramsey discuss the latest market developments and their impacts for the EM fixed income asset class.   This podcast was recorded on 05 February 2026. © 2026 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to us...

In this episode, JPMorgan analysts digest yet another week of market volatility in commodities. The metals hit records on Thursday, but only to backtrack and slide by largest amounts seen in years. Oil and gas, on the other hand, grappled with weather and policy uncertainty. We discuss price fundamentals, risk premia and even weather to try and explain these dynamics.   Speakers: Natasha Kaneva, H...

We assess the outlook for metals and the dollar after a parabolic week. Special focus on APAC.   Speakers:  Meera Chandan, Global FX Strategy Gregory Shearer, Head of Base and Precious Metal Research Junya Tanase, Global FX Strategy Ben Jarman, Global Economics, Rates & FX Strategy Arindam Sandilya, Global FX Strategy   This podcast was recorded on 30 January 2026. This communication is provid...

Jonny Goulden, Arindam Sandilya and Anezka Christovova discuss the latest market developments and their impacts for the EM fixed income asset class.   This podcast was recorded on 30 January 2026. This communication is provided for information purposes only. Institutional clients for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2026 JPMorgan Chase &...

Jay Barry and Phoebe White discuss the outlook for US rates in the wake of the FOMC meeting and preview the February refunding announcement.   Speakers: Jay Barry - Head of Global Rates Strategy Phoebe White - Head of US Inflation Strategy   This podcast was recorded on 29 January 2026. This communication is provided for information purposes only. Institutional clients can view the related report...

Macro signals are highly procyclical but technical signals turn cautious – we debate what matters more. Plus USD/CNY breaks 7.0, Scandis break higher, spotlight on the Fed.   Speakers Meera Chandan Global FX Strategy, Arindam Sandilya Global FX Strategy, Anezka Christovova Head of EMEA EM Local Markets Strategy, James Nelligan Global FX Strategy, Patrick Locke Global FX Strategy   This podcast was...

In this podcast Francis Diamond and Aditya Chordia discuss some key themes in European rate markets for January, revisiting the theme of limited selective carry in Euro area rates and the increased political noise in the UK this week.   This podcast was recorded on 23 January 2026.   This communication is provided for information purposes only. Institutional clients can view the related report at...

In this podcast Khagendra Gupta and Ipek Ozil discuss the drivers of €STR/SOFR cross currency base.   Speakers:  Khagendra Gupta - Head of European Interest Rate Derivatives Strategy Ipek Ozil - Head of US Interest Rate Derivatives Strategy   This podcast was recorded on January 23, 2026. This communication is provided for information purposes only. Institutional clients can view the related repor...

Jonny Goulden, Anezka Christovova and Ben Ramsey discuss the latest market developments and their impacts for the EM fixed income asset class. This podcast was recorded on 22 January 2026 © 2026 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or...

Rates strategists Francis Diamond and Phoebe White discuss their recently released Monthly Inflation Outlook. The recent increase in energy prices has pushed breakevens higher but we see limited potential for a further rise in intermediate breakevens.   Speakers: Phoebe White, Head of US Inflation Strategy Francis Diamond, Head of European Rate Strategy     This podcast was recorded on Jan 22, 202...